As of May 2023, Toshiba Ultrasound has been acquired by Canon. The news came from a report in the Nihon Keizai Shimbun that Canon acquired Toshiba Medical Systems for 700 billion yen (about 40.5 billion yuan). Toshiba Medical System Co., Ltd. is a subsidiary of Toshiba Ultrasound. The acquisition is of great significance, which not only changes the pattern of the medical device industry, but also marks the future development direction of the two companies.

For Canon, the acquisition of Toshiba Ultrasound can make it more competitive in the field of medical equipment and further expand its market share. For Toshiba, although it lost the ownership of the ultrasonic business, through this acquisition, its parent company Toshiba Group can concentrate on developing other core businesses to better cope with the increasingly fierce market competition.